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Chalice Brands Ltd. C.CHAL

Alternate Symbol(s):  CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


CSE:CHAL - Post by User

Post by Heywood_Silverson May 21, 2021 10:24pm
250 Views
Post# 33253202

I have a great idea boss.....

I have a great idea boss.....Let's consolidate the shares, but don't use a standard 10:1 or 20:1, but rather an oddball number such as 23:1.  Then, we'll round fractional shares down to the next whole number.  We can shave off an extra 100,000 shares outstanding.  We're taking this problem of a bloated share count by the horns, hooboy!!!

At this rate, they should've just done a 1:50 consolidation and rounded to the nearest whole digit.  Nah, let's just make it complicated so we shareholders can sit around and scratch our heads.
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